Telus Corporation (TU) Stock AnalysisTUTelus Corporation

TELUS Corporation is a communications technology company serving customers through its suite of broadband services for consumers, businesses and the public sector. Its segments include TELUS technology solutions, TELUS digital experience and TELUS health. The TELUS technology solutions segment includes mobile technologies; data (which include Internet protocol; television; hosting, cloud-based services; and home and business security and automation); agriculture and consumer goods services (software, data management and data analytics-driven smart-food chain and consumer goods technologies); voice and other telecommunications services, and equipment sales. The TELUS health segment includes healthcare services, software and technology solutions. The TELUS digital experience segment includes key service lines: digital solutions; artificial intelligence and data solutions; trust, safety and security, and customer experience management. It operates in the Technology sector (RADIOTELEPHONE COMMUNICATIONS industry).

Telus Corp is currently priced at $8.83, which is significantly below its analyst price target of $11, indicating potential upside. However, the stock has a negative forward P/E of 15.70, suggesting it may not be a strong buy at this time due to recent earnings performance. The RSI is at 73.61, indicating that the stock may be overbought, which is a risk for new investors. Therefore, it may be wise to hold rather than buy right now.

10 analysts cover TU: 5 rate it Buy, 5 Hold and 0 Sell. The average price target is 14.96.